Profit Sharing · DOL Form 5500 · 2022

Torrence's Farm Implements Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
18
Participants Small participant base
25th
Percentile by assets National rank
$55,773
Avg per participant Low balance/head
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Official DOL plan name: Torrence's Farm Implements Profit Sharing Plan II · Sponsored by Torrence's Farm Implements · California · Agriculture, Forestry & Fishing

$1M in assets, 18 participants

Torrence's Farm Implements's Torrence's Farm Implements Profit Sharing Plan II reported $1M in total assets and 18 participants in its 2022 DOL Form 5500 filing, ranking in the 25th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #381 in Agriculture, Forestry & Fishing (1,523 peers)

What the 2022 filing shows

Torrence's Farm Implements Profit Sharing Plan II holds $1M for 18 participants - about $55,773 per participant, in the lower half of filed plans by assets.

#381
in Agriculture, Forestry & Fishing (1,523 peers)
-4.4%
assets change YoY

The plan reported a net loss of $46K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Torrence's Farm Implements Profit Sharing Plan II among the smaller filed plans by assets

Torrence's Farm Implements Profit Sharing Plan II vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,003,919 25th percentile higher than 25% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Torrence's Farm Implements Profit Sharing Plan II among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Torrence's Farm Implements Profit Sharing Plan II is a small filing (18 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 952245915 · Torrence's Farm Implements PY 2022 · Profit Sharing

Torrence's Farm Implements Profit Sharing Plan II · $1M · 18 · 25th

  • NET $1M
  • BOOK 18
  • VS-ST 25th
  • BOY Profit Sharing
  • SCH near Sepsp Mary Beth Krafty Md
  • EBSA ind #381

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Agriculture, Forestry & Fishing retirement plans → · Plans in California →

Torrence's Farm Implements Profit Sharing Plan II in the asset neighbourhood

Torrence's Farm Implements Profit Sharing Plan IITorrence's Farm Implements P…$1MSepsp Mary Beth Krafty Md$1MHk Cbs Inc. Retirement Plan$1MJc Mercado Torres Retirement PlanJc Mercado Torres Retirement…$1MRonald C. Yarbrough, Ph.D., P.a. Employees Profit Sharing Plan and TrustRonald C. Yarbrough, Ph.D., …$1M
End-of-year total assets ($M) among Torrence's Farm Implements Profit Sharing Plan II and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$981K
Net Income-$46K
Employer EIN952245915
Plan Effective Date1996-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Torrence's Farm Implements)

Sponsor-wide plan assets over time

All Torrence's Farm Implements plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$0.5M$1M$1.5M 20222023 $1M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 18 $1M
2023 4 144 N/A

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Torrence's Farm Implements Profit Sharing Plan II vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Torrence's Farm Implements Profit Sharing Plan II, Total assets ($B): 0.001003919 · Participants: 18Torrence's Farm Implements Profit Sharing Plan IIIntel Retirement Contribution Plan, Total assets ($B): 6.922537047 · Participants: 22216Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 5.599096297 · Participants: 9727Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.566886773 · Participants: 67173Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.163824 · Participants: 5104Memorialcare Retirement PlanCedars-Sinai Health System Defined Contribution Retirement Plan, Total assets ($B): 0.797223577 · Participants: 11344Cedars-Sinai Health System Defined Contribution Retirement Plan
Torrence's Farm Implements Profit Sharing Plan II vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Torrence's Farm Implements Profit Sharing Plan II side-by-side with 3 peers →

Torrence's Farm Implements Profit Sharing Plan II's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Sepsp Mary Beth Krafty Md in PA ($1M); by covered participants it is Dme Interests, Inc. Retirement Plan in TX (18 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (18 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Torrence's Farm Implements Profit Sharing Plan II assets move in 2022? ▼
Torrence's Farm Implements Profit Sharing Plan II edged down modestly - down 4.4% during 2022, from $1M to $1M. Reported net income was -$46K.
Where does Torrence's Farm Implements Profit Sharing Plan II rank by assets among Form 5500 filers? ▼
Torrence's Farm Implements Profit Sharing Plan II ranks in the 25th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Torrence's Farm Implements Profit Sharing Plan II? ▼
Among Profit Sharing plans in other states, the closest by assets is Sepsp Mary Beth Krafty Md in PA ($1M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Torrence's Farm Implements Profit Sharing Plan II? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Dme Interests, Inc. Retirement Plan in TX (18 participants, $488K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 952245915.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.